# 34 C.F.R. § 682.203 (2026): Responsible parties

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_203

## Section

- **Citation:** 34 C.F.R. § 682.203 (2026)
- **Heading:** Responsible parties
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 34 CFR: Education / Chapter VI: OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION / Part 682: FEDERAL FAMILY EDUCATION LOAN (FFEL) PROGRAM / Subpart B: General Provisions / § 682.203: § 682.203   Responsible parties.

## Text

(a)
Delegation of functions.
A school, lender, or guaranty agency may contract or otherwise delegate the performance of its functions under the Act and this part to a servicing agency or other party. This contracting or other delegation of functions does not relieve the school, lender, or guaranty agency of its duty to comply with the requirements of the Act and this part.
(b)
Trustee responsibility.
A lender that holds a loan in its capacity as a trustee assumes responsibility for complying with all statutory and regulatory requirements imposed on any other holders of a loan.
(Authority: 20 U.S.C. 1082)

## Nearby sections

- [34 C.F.R. § 682.200 (2026) § 682.200   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_200.md)
- [34 C.F.R. § 682.201 (2026) § 682.201   Eligible borrowers.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_201.md)
- [34 C.F.R. § 682.202 (2026) § 682.202   Permissible charges by lenders to borrowers.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_202.md)
- [34 C.F.R. § 682.203 (2026) § 682.203   Responsible parties.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_203.md)
- [34 C.F.R. § 682.204 (2026) § 682.204   Maximum loan amounts.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_204.md)
- [34 C.F.R. § 682.205 (2026) § 682.205   Disclosure requirements for lenders.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_205.md)
- [34 C.F.R. § 682.208 (2026) § 682.208   Due diligence in servicing a loan.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_208.md)
- [34 C.F.R. § 682.209 (2026) § 682.209   Repayment of a loan.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_209.md)
- [34 C.F.R. § 682.210 (2026) § 682.210   Deferment.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_210.md)
- [34 C.F.R. § 682.211 (2026) § 682.211   Forbearance.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_211.md)
- [34 C.F.R. § 682.212 (2026) § 682.212   Prohibited transactions.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_212.md)
- [34 C.F.R. § 682.213 (2026) § 682.213   Prohibition against the use of the Rule of 78s.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_213.md)
- [34 C.F.R. § 682.215 (2026) § 682.215   Income-based repayment plan.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_215.md)
- [34 C.F.R. § 682.216 (2026) § 682.216   Teacher loan forgiveness program.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_216.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_203. Check the current official text before relying on it. Not legal advice.